Hence, in 1955, the Taiwanese government proposed the Planfor Developing the Distant Water Tuna Fisheries by Constructing Iron and Steel Vessels over 350 t’ to help develop the industry more rapidly.
In 1961 the‘ Third Four-Year Economic Development
Plan’ was introduced, which initiated the import of second hand vessels. In the same year , loans from the World Bank and the Asian Development Bank were introduced for the construction of distant water fishing vessels.